Q : How long does it take to know the result of the application?
A : Most applications will usually be known within 5 to 6 weeks irrespective of whether approved or not.
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Q : Can I withdraw my fixed deposit? If not when?
A :
Under this programme, participants must maintain their fixed deposit for 1 year, with the exception of an emergency case (e.g medical purpose) even so, prior approval from the Ministry of Tourism is necessary.
Upon the completion of the one year period, you are to leave RM150,000.00 (for those below 50 years of age) or RM100,000.00 (for those above 50 years of age) in the fixed deposit from the second year onwards and throughout your stay in Malaysia under this programme and withdraw the balance for the purchase of a house, children’s education and medical expenses in Malaysia.
However, if a participant should decide to end his/her stay in Malaysia under this programme, prior approval will be needed before the participant can withdraw the full fixed deposit.
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Q : Can I place the fixed deposit in a Malaysian Bank located in my country?
A :
No, participants have to open a fixed deposit account in Malaysia. However you have a choice of any local bank or foreign bank with branches in Malaysia.
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Q : Can I seek employment upon the approval of my MM2H application?
A : No, you are not allowed to work under this programme. However, certain people with special skill may apply to the Human Resources Ministry for a work permit.
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Q : Is there any minimum requirement for me to stay in Malaysia per year?
A :
There is no minimum requirement for you to stay in Malaysia per year. However, you have to come to Malaysia when your application has been approved for the endorsement of your passport, thereafter, you are free to enter and leave Malaysia without restriction.
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Q :
How long are my children allowed to stay in Malaysia once approved under this programme and what happens to them when they reach 21 years of age?
A :
Your dependants are allowed to stay until 21 years of age. Thereafter, they need not leave this country but they need to renew their student visa. However, if they leave school/college but want to continue living in Malaysia with their parents, they must apply for a social visit pass as an individual adult under their parents but they may omit from providing proof of income.
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Q : Is the interest for my fixed deposit taxable?
A :

Interest earned from fixed deposits are not taxable provided the deposits are:-
(i) exceeding one year
Or,
(ii) up to a maximum RM100,000.00

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Q :
If I were to purchase a home in Malaysia, which is valued between RM150,000.00 to RM300,000.00 can it be considered as having fulfilled the financial criteria for this programme?
A : No, as the purchase of a house is not compulsory under this programme, you are still required to fulfill the fixed deposit criteria.
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Q : Is there any restriction to the type of property that I can buy?
A :
No, you are at liberty to purchase a freehold or leasehold house, condominium or apartment, irrespective of whether new or second hand. You may even purchase a plot of land to build a home of your own design.
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Q : Do I need an introducer, sponsor or guarantor for my application?
A :
Under the MM2H programme, the authorized agent in this case – our company Strategy Holiday (MM2H) Sdn Bhd will be your sponsor throughout your stay in this country. No other introducer or guarantor is required.
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